LA Gardens Community Association

Analysis

LA Gardens Community Association is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LA Gardens Community Association reported income of $1.1m and spending of $1.4m, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $891k to $1.1m (+18%), an average of +5.8% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LA Gardens Community Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Vera French Housing Corporation ($1.1m), Hands of Hope Resources for Homeless Families ($1.1m) and Haven Plaza Housing Development Fund Company Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Other salaries and wages came to $121k. At year end it held assets of $4.3m against liabilities of $6.7m, net assets of -$2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.